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DealProspect/Listings/Retail

Indian Grocery & Convenience Store

Convenience Store

ActiveRetailNew South WalesB2C
Asking price
~$180,000
est. from headline + $40,000 stock · AUD
Revenue
$499,200
TTM
Net Profit
$54,340
Implied multiple (assumed)
~3.3×
Assumed · headline + $40,000 stock

Brief

An eight-year-old Indian grocery store in Sydney's Western Suburbs with a loyal customer base across the local Indian, Pakistani, Bangladeshi and South Asian communities. The store stocks a wide range of dry groceries, spices, fresh produce, frozen meals and specialty religious items, and holds a tobacco licence it does not currently use. An existing kitchen space offers scope to add hot food, catering or delivery through platforms like Uber Eats and DoorDash. The lease is currently month-to-month, with the landlord willing to sign a new lease with an incoming owner.